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Donald Trump speech: Republican candidate to set out plans to fix US economy in major announcement Donald Trump Detroit speech: Republican's populist message repeatedly interrupted by protesters
(35 minutes later)
Donald Trump would revive the stalled Keystone oil pipeline project and promote tax breaks for working families if he is elected president. Donald Trump has outlined a populist economic vision - promising to cut taxes and renegotiate trade deals and vowing to “jump-start America”.
"We now start the conversation about economic renewal," he said, speaking in Detroit, where his speech was repeatedly interrupted by protesters. "It's about making America great again." In a speech in Detroit that was - to his clear annoyance - repeatedly interrupted by a succession of apparently coordinated protesters, Mr Trump carefully sought to target the American middle class and workers. He said he would provide a tax credit for working parents who spent on childcare, and said he would walk away from trade deals such as NAFTA, if they were not renegotiated to America’s advantage.
Leaks of an address that was Mr Trump’s most detailed explanation yet of his economic plans for the country, suggested he wants to reduce taxes on parents who pay for childcare, introduce a corporate tax rate of 15 per cent and propose stronger protections for American intellectual property. “We now start the conversation about economic renewal,” he said, speaking the Detroit Economic Club, a traditional venue for political candidates to discuss their economic vision. “It’s about making America great again.”
Reuters said Mr Trump will call for a dramatic reduction in income tax and “remove bureaucrats who only know how to kill jobs, and replace them with experts who know how to create jobs”. During the 45-minute address, he proposed cutting the number of federal income tax brackets from seven to three and reducing the top rate to 33 per cent from 39.6 per cent. He had previously said he would drop that rate to 25 per cent, an idea many tax experts said would dramatically reduce government income and balloon deficits, Reuters said.
His address to the Detroit Economic Club, a traditional venue for political candidates to discuss their economic vision, will be his first since the announcement last week of a 13-strong pool of economic advisers - all of them white men, and ranging in age from 50 to 74. While Mr Trump was speaking from a teleprompter and did not veer off his remarks to comment on the series of protesters who were led from the hall, he found time to take aim at his Democratic rival, Hillary Clinton.
“She is the candidate of the past,” he said. “Ours is the campaign of the future.”
He added: “We will make America grow again.”
His address to the Detroit Economic Club, was probably his most detailed attempt so far to lay out a coherent plan for how he was manage America’s economy. It was also the first speech he had delivered since the announcement last week of a 13-strong pool of economic advisers - all of them white men, and ranging in age from 50 to 74.
On Sunday, economist David Malpass attributed the lack of diversity to how quickly the team was put together.On Sunday, economist David Malpass attributed the lack of diversity to how quickly the team was put together.
“The campaign is moving very fast, this is not something that Trump planned to do for a long time. He’s not a career politician,” he told CNN.“The campaign is moving very fast, this is not something that Trump planned to do for a long time. He’s not a career politician,” he told CNN.
“What we're doing is building very quickly and announcing the details of the economic program in stages.” “What we’re doing is building very quickly and announcing the details of the economic program in stages.”
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